
Morning Wire Hollywood in Crisis & Infected Blood Scandal | 6.1.24
Jun 1, 2024
Hollywood is grappling with a significant production crisis, facing a 7% decline in activity driven by a writer's strike and changing audience preferences. Meanwhile, Biden's support among oil executives is dwindling, making room for Trump's rise as the election approaches. The UK is rocked by the infected blood scandal, revealing tragic consequences from tainted products and prompting a public inquiry that underscores the need for accountability. These revelations expose the dark side of both entertainment and healthcare.
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Hollywood in Crisis
- Hollywood is experiencing a significant contraction in film and TV production, leading to job losses and a crisis in the entertainment industry.
- This is due to a combination of factors, including the writer's strike, COVID-19's impact, and the rise of streaming, forcing studios to adapt.
Shifting Oil Support
- Joe Biden's support from the oil industry is declining as industry leaders turn to Donald Trump.
- This shift is due to Biden's green policies, particularly the pause on new permits for liquefied natural gas export facilities.
Infected Blood Scandal
- Thousands of people in the UK were infected with HIV and hepatitis in the 1970s and 80s due to infected blood products.
- The UK government has agreed to pay out an estimated £10 billion in compensation to the victims.
